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Sad thing is for us and them they could have been a success story got W.N and Parta they need to drag a blue whale out of the hat.
They do not seem to have learned over the six years of torture and are repeating the same mistakes over and over.
Deano they are using £4 million of the £9.5 million to buy back shares or as a special dividend aside from this ongoing exercise of share buybacks which is to their benefit not us shareholders.
I think they want to crash the SP in order to pick up as many as they can and then the SP will shoot up so they can cash in their options also the official share buyback of the 4 million quid they have spouted would deliver them considerable rewards if the SP is low. (we are of course not considered). That is why i am continuing top up these two charlatans will never miss out. ATB.
no they have outwitted themselves ?????
as the market no longer trusts them we see the sp where it is, so everything will now be alot more expensive for them to purchase as the only ammo they have is issuing more shares. pair of ******s.
Dude in the hands of a competent person or persons the risk would be worth the risk/reward ratio, however we are not dealing with competent human beings as JD they have beaten down their most bullish/loyal supporters due to their lies and general incompetence and i don't know of anyone who now supports any decision they take the trust has gone and sadly for us the SP reflects that, but still a fortune to be made at this level.
Only difference here is i believe we will multi-bag from this SP, but nowhere near where we should have been with the assets they picked up and then mismanaged and constant issue of new shares a sad end for many people who invested and could have been so easily avoided had they just used some basic commonsense.
JD Pretty much the same here everything looked sweet at first Cali off to a flyer until we found out about the problems with waste water wells they never told us we had to find out for ourselves.
Then the disastrous decision to drill that Colter well with Corallion whether successful or not smack bang in the middle and the edges of a protected marine reserve.
The problem with these two is arrogance,greed and just plain old common garden dishonesty, it is quite frankly shocking and their disconnect with shareholders and reality is appalling.
Both Manwell and J.D are right they were announced and i had just skim read the July 12th RNS and hold my hands up to being incompetent and had not connected the surrendered licenses to Simwell, need to take a bit more time on the markets again, just been too busy lately.
Will still add here twice a month as usual current SP crazy even though Laurel & Hardy are running the show, i don't believe even they can screw up W.N no matter how hard they try.
I believe W.N will save us but when it is done, i am out no matter what. These two are the biggest scumbags i have ever had the misfortune to come across.
I will keep buying at this SP as i believe a multi-bagger from here so will not let my sentiment regarding these two interfere with profit.
Like others i do not believe we will ever see the dizzy heights of 3p which should been easily achievable sadly they have issued far too many shares at ridiculous prices for even more ridiculous projects , they have in effect cheated themselves to a lesser degree than they have their shareholders by their own greed and lack of foresight.
I will sell as soon as W.N is considered commercial as gawd only knows what these two will do after that confirmation. GLA.